What are things you need to be aware of Trump's new tariffs policy involving firms, businesses and now universities?

The tariffs he is imposing do not make sense to economists. This is because they are not part of an economical plan; it is a political weapon designed to collapse the economy. They are another tool for Trump to compel loyalty from industries and companies in the US.

He is going to from law firm to law firm, from university to university, to bully them into pledging loyal to him. How so? by denying them federal money if they are not. Businesses as well. Why are the tariffs so widespread? By doing this, they must deal with him and make them dependent on him alone, and in exchange for their loyalty, he would give them some tariff relief. How would they show loyalty? They would contributions to his political campaigns; maybe they agree to champion his economic policy publicly; he'll have these businesses police employees workers and make sure no one working for that company works for his political opponents. This is not economic policy, so that these companies come to him to pledge political loyalty. If we know his objectives--we know how to fight back.

What are things you need to be aware of Trump's new tariffs policy involving firms, businesses and now universities?
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